22 Feb '12, 3pm

Next Five Years: 4x the Energy Storage (Maybe)

Next Five Years: 4x the Energy Storage (Maybe)

Energy storage is always an issue, whether it’s storing enough power to run an electric car or storing enough solar-generated electricity to supply power while the sun isn’t shining. KEMA, a global energy consultancy company headquartered in the Netherlands, recently released a report analyzing U.S. energy storage over the next five years. In a nutshell, the market is expected to quadruple. The study was requested by the Copper Development Association, in order to determine what impact changes in storage tech will have on copper . Its findings are a bit broader than that, however. The study made two different forecasts as to how much (or little) storage tech would expand based on whether or not a tax incentive would become available (last year’s U.S. Storage Act, S. 1845 proposed just such an incentive). Expand, Expand, Expand Current energy storage capacity is mostly one ...

Full article: http://cleantechnica.com/2012/02/22/next-five-years-4x-th...

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